RE:RE:RE:RE:RE:RE:RE:Alert!, Alert!Hello Lire02
You stated "And even if it were to tell the company of its inclusion in an index, there is also the chance that the company would not understand the potential ramifications that might result."
RESPONSE:Please do not take offense Lire02.
I simply have to say poppycock, after reading that particular statement.
Why don't you simply send an email to the company Chairman Mr. Rob Wildeboer and the board of directors collectively.
I am certain Mr. Arinder Mahal, the former Managing director at Dundee Securities and former senior manager at Deloitte, currently serving as a NanoXplore director, can quite comprehensively asnswer your questions with respect to, amongst other things, whether or not every officer and director of the company would have know exactly what invariably tends to happen to a company's stock price once the inclusion of a given company as a constituent comprising the MSCI Canada Small Cap Index is determined.
In this case, November, 11, 2021 is the very day during which representatives of the MSCI Canada Small Cap Index had announced NanoXplore's inclusion in said Index and announced the effective date, November 30, 2021.
As Goodbuddy has already studiously followed my lead with respect to such a issue.
Goodbuddy is now well aware of the then upward traction, to $9.00 per share. Such upward share price appreciation was due to a continued requisite buying of GRA shares by or on behalf of many institutional investors. These are investment firms who were required to hold shares of the individual companies comprising the MSCI Canada Small Cap Index (NanoXplore being just oneconstituent), while also owning 'units' exposure to said index itself.
I could be absolutely wrong about the following statement.
Never the less, I do not believe there was a NanoXplore issued press release stating anything at all about the company's expected inclusion as a constituent comprising the MSCI Canada Small Cap Index.
I will willingly stand corrected, should anybody at all provide evidence contrary to what I have suggested.
As a NanoXplore minority class share holder, I was, as others had been, intentionally and with specific intent denied specific information with respect to, amongst other things, (a) the company's share being expected to be included within said index (note the date of November 11, 2021) and (b) the company's shares actually being slated to begin trading as having been included, as of November 30, 2021, in the MSCI Canada Small Cap Index.